NEW YORK (TheStreet) -- Shares of Las Vegas Sands (LVS) - Get Report  were declining in early-afternoon trading on Friday. 

Last week, the Las Vegas-based casino and resort company's CEO Sheldon Adelson opened The Parisian, a $2.7 billion French-themed casino in Macau.

The new facility has 3,000 rooms, hundreds of shops, a theater, a water park and an Eiffel Tower replica. 

TheStreet'sChris Versace and Bob Lang of Trifecta Stocks have identified Las Vegas Sands as the "Chart of the Day." Here is what Versace and Lang had to say about the company:

Casinos have been big winners in 2016 and may have more fuel left in tank. We have profiled Wynn (WYNN) often (was my stock of the year, it's up 55% since December), but Las Vegas Sands is the one that may be the best of them all.

Image placeholder title

We zoom out to a weekly chart here, as we see the recent resistance break was confirmed this week. That resistance goes back to 2014, and as such there is some good upside to be had.

Momentum indicators are overbought and showing no let-up -- we know this can be strong for a long while.

Relative strength is off the charts, the stock may look to cool a bit, but that would be a good buying chance (a pullback).

Chris Versace and Bob Lang "Chart of the Day: Las Vegas Sands" originally published on 9/23/16 on Trifecta Stocks.

Want more like this from Chris Versace and Bob Lang BEFORE your stock moves? Learn more about Trifecta Stocks now here.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

TheStreet Ratings team rates Las Vegas Sands as a Buy with a ratings score of B-. This is driven by a number of strengths, which it believes should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks it covers. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. The team feels its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

You can view the full analysis from the report here: